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48-54 Welcome Street Parkes, NSW 2870

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48-54 Welcome Street,
Parkes, NSW 2870

Hotel, Motel & Leisure

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Coachman Hotel/Motel. 15 Year Lease - Circa 10% Yield.

Long term lease to highly experienced & successful operator.
Award winning business with multiple revenue steams.
Recently refurbished with nothing to spend.
Huge landmark central CBD location just off busy Newell Highway.
Lessee has over 30 years experience and operated some of NSW's largest hotels.
Sale includes 36 room motel, bar, restaurant, gaming area, function rooms and 15 poker machine entitlements.
Parkes is a NSW growth region underpinned by mining, tourism, transport, infrastructure, energy & agriculture.
Net Income: $434,580 pa + GST.

Dean Venturato 0412 840 2...

CO AGENT
Jones Lang LaSalle
Sam Handy 0412 590 509

Property ID: 501140935Last Updated: 9 Feb 2015

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48-54 Welcome Street
Parkes, NSW 2870
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
JLL - Hotels & Hospitality Group
Level 27, 180 George Street
SYDNEY, NSW 2000
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